Tata takeover

Sunday 21 March 1993 00:02 GMT

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UNILEVER is taking over Tata Oil Mills, the Indian company, giving it a third of the massive Indian soap and detergent market. Tata Oil Mills is part of the Tata Group, India's biggest industrial group. The move involves the exchange of two shares in Hindustan Lever, a Unilever subsidiary, for 15 shares in Tata Oil Mills.

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